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Section 17-32-116 - Member Resignation — Wyoming Law | CourtGPT
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  6. Section 17-32-116 - Member Resignation
Wyoming Legal Code

Section 17-32-116 - Member Resignation

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17-32-116. Member resignation. (a) A member may resign as a member of a decentralized unincorporated nonprofit association in accordance with the governing principles of the nonprofit association. If there are no applicable governing principles, a member shall be deemed to have resigned as a member upon the disposal, whether voluntary or involuntary, of all membership interests or other property or instruments that confer upon the person a voting right within the nonprofit association. (b) Unless otherwise provided for in the governing principles, resignation of a member does not relieve the member of any obligation incurred, or commitment made by the member, before the resignation.